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Message: The Shareholders meeting...

The Shareholders meeting...

posted on Aug 04, 2007 01:07PM

will not be held until next quarter. It will be in San Diego. As of July 1st. companies were allowed to send proxy statements to shareholders by email and other electronic methods of a shareholders meeting rather than having to print up and send out huge amounts of paperwork to over 30,000 shareholders.

Edig is now in that process and it seems there are "gliches" in this process. RP stated they are trying to find out exactly how it works.

It costs EDig $150,000 to notify shareholders the "old way" and they don't have $150,000 to spend on that. That the major and only reason for the delay of a shareholders meeting.

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